2129 Reserve Lane
About This Property
From the moment you arrive along picturesque Dover Farm Road, a scenic half-mile approach winds past a charming horse farm and the renowned MacNair's Country Acres, creating a peaceful countryside setting just minutes from everyday essentials.
Wellington Reserve offers a limited opportunity with only 11 estate homes, starting from over $3 million, each thoughtfully positioned to maximize privacy and natural beauty. These homesites provide the perfect canvas to create a one-of-a-kind custom residence tailored to your lifestyle.
Enjoy the best of both worlds, serene country living with convenient access to shopping, dining, and the vibrant heart of Raleigh just minutes away. Strategically positioned for proximity to a mecca of world-class amenities. Wellington Reserve perfectly harmonizes luxury, countryside charm, and modern convenience. Be part of the very beginning of something truly special. These opportunities to build a legacy won't last long.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 1, 2026 | Sold | ||
| Sold | |||
| Mar 20, 2026 | Listed by Compass -- Raleigh | $3,888,500 | |
| Listed by Compass -- Raleigh | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017